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mdimport

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mdimport

Re: oilin07 post# 22307

Friday, 05/25/2012 2:49:09 PM

Friday, May 25, 2012 2:49:09 PM

Post# of 53643
It doesn't matter to Asher. They're looking to be repaid their $47,500 k @ 8% by November 2, 2012.

The debt is convertible into MWWC common stock at any time at the holder’s option, at the conversion rate of 51% of the lowest three trading days 10 days prior to notice of conversion.

If MWWC is turning a profit, they can pay off the note, if not Asher dilutes with a base of $0.0001.



If the TA is gagged you can bet it's not in the shareholders best interest.


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